I missed this paragraph during my research and pretty much confirms your intervals of 2.25.
The multiplier can be adjusted based on the asset you're trading. While 2 is common, you may find 1.7 or 2.3, for example, provide you with better information for the exact market you trade. The higher the multiplier, the wider the channel; the smaller the multiple, the narrower the channel.
I'll reset my intervals to the lower value and see how they play out as I increase them.
Cheers mate
I missed this paragraph during my research and pretty much...
-
- There are more pages in this discussion • 31,743 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IMU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.6¢ |
Change
-0.004(6.67%) |
Mkt cap ! $415.2M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 5.9¢ | 5.5¢ | $757.8K | 13.24M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 388011 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 739250 | 18 |
View Market Depth
| Last trade - 11.01am 24/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |